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$220,000
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Property Description
Don't miss this excellent investment opportunity! This spacious 2-bedroom, 2-bathroom corner unit is located on the 4th floor and offers serene views of the beautifully landscaped atrium garden between the buildings. The unit features ceramic tile flooring throughout, an in-unit washer and dryer, and a smart layout ideal for long-term tenants or future owner-occupants. Currently leased for $1,650/month through August, with strong potential for a rent increase, making it a great income-producing asset from day one. Located in a gated community with 24-hour security, the property is centrally situated near top-rated schools, shopping centers, major highways, and public transportation. Tenant-occupied - please do not disturb.
Full Property Details
Full Property Details for 8740 N Sherman Cir #408
General
- Price: $220,000
- HOA FEE: $411/month
- Taxes: $4,065 (2024)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11772137
- Updated: 3/27/2025
- Added to Site: 11 day(s) ago
Interior
- Interior Features: Elevator, Other
- Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Other
Additional Information
- Shared Amenities: Elevator(s), Pool
- Maint. Includes: Building Exterior, Elevator, Landscaping/Lawn Maintenance, Parking, Pool Service
- Security/Safety: Smoke Detector, Card Entry, Guard At Site
Exterior
- Exterior Features: Other
Parking
- Parking Features: 1 Space, Assigned, Guest
Location
- Area: Lakeshore At University P
- County: Broward County
- Subdivision: LAKESHORE AT UNIVERSITY P
- Building Name: LAKESHORE AT UNIVERSITY
Community
- Community Name: Lakeshore At University P
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Entry Floor Number: 4
- Building Size: 832
- Square Feet: 832
- Living Area: 832 Sq. Ft.
- Year Built: 1983
Lot Features
- Property View: Lake
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $264.42
- Association Fee: $411
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,065
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: LAKESHORE AT UNIVERSITY PARK SEC #1 CONDO UNIT 408 BLDG 4 PER CDO BK/PG: 10002/68
- Restrictions: Ok To Lease, Okay To Lease 1st Year, Other Restrictions
- Property ID: 514121AA1520
Listed by Urban-O Real Estate Solution
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Schools
Schools serving 8740 N Sherman Cir #408
School District:Broward County School District
Rating | Name | Grades | Distance |
---|---|---|---|
7850 Fairway Blvd, Miramar, FL 33023 | PK-5 | 1.6 mi | |
10701 Miramar Blvd, Miramar, FL 33025 | 6-8 | 1.8 mi | |
3601 Sw 89th Ave, Miramar, FL 33025 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8740 N Sherman Cir #408
Date
Details
Price
Change
Source
3/27/2025
Listed
$220,000
193.33%
MLS
6/19/2014
Sold
$75,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8740 N Sherman Cir #408
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,065
8%
$189,680
11%
2023
$3,762
26%
$170,880
40%
2021
$2,981
-9%
$122,100
-16%
2022
$3,264
9%
$145,730
31%
2021
$2,981
14%
$111,000
10%
2019
$2,612
9%
$100,910
10%
2018
$2,399
12%
$91,740
10%
2017
$2,145
4%
$83,400
8%
2016
$2,056
4%
$77,530
5%
2015
$1,969
45%
$73,770
94%
2014
$1,359
29%
$38,120
10%
2013
$1,054
—
$34,660
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8740 N Sherman Cir #408
8740 N Sherman Cir #408, Miramar, FL 33025 (MLS# A11772137) is a Condo property with 2 bedrooms and 2 full bathrooms. 8740 N Sherman Cir #408 is currently listed for $220,000 and was received on March 27, 2025. Want to learn more about 8740 N Sherman Cir #408? Do you have questions about finding other Condo real estate for sale in Miramar? You can browse all Miramar real estate or contact a Coldwell Banker agent to request more information.